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#比特币价格分析# Since the birth of Bitcoin in 2009, I have witnessed countless market fluctuations. This Matrixport analysis report reminds me of the crazy bull run in 2017. At that time, Bitcoin also broke through a long-term triangular consolidation range, and then soared to 20,000 dollars.
However, the current market environment is very different now. The entry of institutional investors has made the market more mature, and the Fluctuation is relatively mild. The gradual upward trend predicted by Matrixport seems to be more in line with the current market atmosphere.
It is worth noting that funds continue to flow into the crypto market. This reminds me of the situation before the bull runs in 2013 and 2017, when there was also a large influx of funds. However, we must also be cautious, as excessive optimism can lead to a bubble.
Looking back at history, I think the most important thing is to remain rational. Whether it's a bull run or a bear market, risk management is essential. For long-term investors, now may be a good entry point, but never forget the painful lessons of 2018.
Overall, I remain cautiously optimistic about the market. But we all know that in the world of cryptocurrency, the only constant is change itself.